Indiana § 26-3-7-7 - Applicant qualifications
Full text of Indiana Indiana Code § 26-3-7-7 — Applicant qualifications, with citation guidance and answers to common questions.
§ 26-3-7-7. Applicant qualifications
Sec. 7. (a) An applicant for a license under this chapter must show that the applicant:
(1) has the qualifications and background essential for the conduct of the business to be licensed;
(2) has not been found guilty of a crime involving illegal activities that involve money, assets, or financial tools for personal gain; and
(3) does not employ an officer, director, partner, or manager that has been found guilty of a crime involving illegal activities that involve money, assets, or financial tools for personal gain.
(b) The agency may deny a license to an applicant that has been involved in improper business practices.
Formerly: Acts 1973, P.L.268, SEC.1; Acts 1974, P.L.120, SEC.5. As amended by Acts 1979, P.L.249, SEC.4; Acts 1982, P.L.155, SEC.7; P.L.17-1985, SEC.21; P.L.191-1991, SEC.5; P.L.249-1995, SEC.2; P.L.125-1997, SEC.25; P.L.114-2025, SEC.15.
Frequently Asked Questions About Indiana § 26-3-7-7
What does Indiana Code § 26-3-7-7 cover?
Section 26-3-7-7 ("Applicant qualifications") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 26-3-7-7?
A common citation format is "Indiana Code § 26-3-7-7" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 26-3-7-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.